Suppose 8 quarters, 5 dimes, 7 nickels, and 8 pennies are in a box. One coin is selected at random. What is the expected value of the money drawn from the box?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 4ECP: Show that the probability of drawing a club at random from a standard deck of 52 playing cards is...
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Suppose 8 quarters, 5 dimes, 7 nickels, and 8 pennies are in a box. One coin is selected at random. What is the expected value of the money drawn from the box?
cents
(Round to the nearest tenth as needed.)
Transcribed Image Text:Suppose 8 quarters, 5 dimes, 7 nickels, and 8 pennies are in a box. One coin is selected at random. What is the expected value of the money drawn from the box? cents (Round to the nearest tenth as needed.)
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